Sold387d on marketHistoric · 106 yrs
5116-5118 E Michigan St
Indianapolis, IN, 46219 • Irvington • Marion County
$290,000
6Beds
2Baths
0.13 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
Emerson Ave
Irvington
This home is in high demand
Listed 387 days ago · 5 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
387 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1920 · Historic
Hello Irvington! If you've been looking for an income generating property, look no further.This classic Irvington Duplex boasts 2 units, each featuring 3 bedrooms, 1 bathroom, and the 5116 Unit is already a successful AirBNB. Each side mirrors the other, walking in from the large front porch to original hardwood floors in the living room and into the dining room, and to the large kitchen. The staircase takes you up to 3 bedrooms and a bathroom in each unit, continuing the hardwoods throughout. Both units are vacant and ready to be used for your needs. Perfect for an owner occupant or an investor ready to bring in new tenants. Located on Michigan St, just moments from Elenberger Park, Jockamo Pizza, Strangebird, 1979 Co, Snug, Hampton Design Studio, and everything else Irvington has to offer, what's not to love?
Standout features identified
Our analysis highlights large front porch, large kitchen, and original hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,816/month
Principal & Interest$1,430
Property Tax$290
Insurance$97
Down payment20% ($58,000)
3%50%
Est. 6.26% rate · 30yr fixed · $232,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
Parking2 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
Year built1920
Stories2
Systems
ConstructionVinyl With Brick
Parking & Outdoor
ParkingAlley Access
Lot5,662 sqft
Location & Tax
NeighborhoodIrvington
Annual tax$3,006
Parcel491003114098000701
Features & details
5 categories of property features
Interior Features
Laundry
Connections Some
Exterior Features
Parking
Alley Access
Construction
Vinyl With Brick
Lot Features
Access
Sidewalks
Security
Fire Alarm
Listing insights
Market data and value estimates
StatusSold
Days on market387
Est. value$297,900
Est. rent$1,220/mo
Tax rate0.96%
On marketFeb 21, 2025
PostedFeb 21, 2025
Last sold$290,000
MLS statusSold
MLS updatedMar 18, 2025
Tour days6
Views5
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46219
Price history
3 events
DateEventPrice$/sqftSource
Mar 18, 2025Sold$290,000—MIBOR as distributed by MLS GRID
Feb 24, 2025Pending Sale$297,000—MIBOR as distributed by MLS GRID
Feb 21, 2025Listed For Sale$297,000—MIBOR as distributed by MLS GRID
Sold$290,000
Mar 18, 2025•MIBOR as distributed by MLS GRID
Pending Sale$297,000
Feb 24, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$297,000
Feb 21, 2025•MIBOR as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-10 13:53:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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